Riyadh - Sharikat Mubasher: Tabarak Holding Group, a key player in the Egyptian real estate sector, is in talks with Saudi Arabia’s National Housing Company (NHC) to launch a new 50-fiddan development project in the Kingdom, according to Chairman Ali Al Shorbany.

In an interview with Alarabiya Business, Al Shorbany revealed that the group’s expansion strategy includes establishing new offices in Saudi Arabia and the wider GCC region, in addition to diversifying its sales in Egypt and the GCC.

He revealed that the company aims to establish around 500 hotel rooms in 2025 across Cairo, North Coast, and Sinai, with investments exceeding $40 million.

Al Shorbany noted that Tabarak Holding’s current investments surpass EGP 160 billion, while its land portfolio exceeds eight million square meters.

Tabarak Holding Group delivers innovative projects catering to diverse segments, focusing on quality and sustainability. It boasts a wide portfolio of subsidiaries offering integrated solutions in real estate development, including Tabarak International, Tabarak Developments, and TBK Developments.